Mini-budget seemed 'designed to provoke markets', Tory MP says

Credit: Sky News- Published on September 30, 2022
The mini-budget "seemed designed to provoke the markets" when they were already vulnerable, a backbench Tory MP has said, in the latest criticism of the new government from its own side.

Video credit: ODN
Published on September 29, 2022 -  00:54
'This is a chaotic moment in the markets', says Oval Money trader
Michael Baker who is a trader at Oval Money describes the current situation in the markets as "chaotic". He adds: "We rarely see these sorts of events." It follows last Friday's mini-budget announcement from the government, which sent the markets into turmoil. Report by Patelr. Like us on Facebook at and follow us on Twitter at

You are here

💡 newsR Knowledge: Other News Mentions


Conservative political philosophy
Michael Gove is set to drop the government's target to build 300,000 homes every year following an angry backlash from his own party's MPs.
Credit: Sky News - Published 5 hours ago

Tory MP Conor Burns has had the Conservative whip restored and will be reinstated as a Conservative member.
2 days ago • Sky News
Labour emphatically retained its City of Chester parliamentary seat, courtesy of a 13.8% swing from the Conservatives - one of the largest since the Second World..
4 days ago • Sky News
This wasn't just a bad result for the Conservatives and Rishi Sunak, it was a disaster. The Tory share of the vote in the City of Chester by-election slumped to..
4 days ago • Sky News

You might like